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QUESTION 1 2 Sure Tool Company is expected to pay a dividend of $ 2 in the upcoming year. The risk - free rate of

QUESTION 12
Sure Tool Company is expected to pay a dividend of $2 in the upcoming year. The risk-free rate of return is 4%, and the expected return on the market portfolio is 14%. The beta of Sure Tool Company's stock is 1.25. If Sure's intrinsic value is $21.00 today, what must be its growth rate?
a.11%
b.7%
c.2%
d.5%
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